Set your DVRs, Spears Fanatics: MTV has announced that at the ripe old age of 29, Britney Spears is about to be gifted with a Lifetime Achievement Award; which begs the question: “She isn’t dead yet, is she?”

Not in the least, but Spears will be the guest of honor during a musical tribute honoring her contributions to the world of pop at the hotly-awaited MTV Video Music Awards (VMAs) later this month. The one time Mouseketeer released her debut single “…Baby One More Time” in 1998 and MTV bosses are planning “something unique” to honor the Grammy winner at the annual prizegiving, set for Aug. 28 at the Nokia Theatre in Los Angeles.

“Britney will be at the show and we’ll be paying tribute to her. She was having an incredible year and she is so beloved by the MTV audience that we started to think what could we do that would be a different experience (from years past),” VMAs executive producer Amy Doyle told Billboard Tuesday. “Obviously everything from her choreography to her fashion to her videos will be (covered). We said ‘let’s challenge ourselves to do something unique.'”

Additionally, Spears’ 2011 banger “Till the World Ends” is nominated for two awards at the ceremony – Best Pop Video and Best Choreography in a Video.